April 22, 2024
World Economy

China still top trading partner for many countries, says ADB

View of Shanghai skyline from a container station.

Yaorusheng | Moment | Getty Images

China is still a critical trading partner for many countries across the world, and the often-used narrative of the superpower being delinked from the global economy is overdone, says the Manila-headquartered Asian Development Bank. 

“China’s still probably the number one trading partner for the majority of countries in the world,” ADB’s Chief Economist Albert Park told CNBC. 

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